It’s not “Dancing With the Stars” by any means, but Mark Cuban took a few minutes to answer some questions we had about his idea for an exchange traded fund (ETF).

We first heard him discuss his idea on NPR’s Planet Money podcast. The deal would be that instead of the government handing out money to banks or buying their bad assets or stocks – why not bundle those assets into an ETF and let the markets decide how they’re priced?

We think it’s an interesting idea. In fact, Cuban has taken a keen interest in the market mess, devoting Blog Maverick to the subject, as well as starting Bailout Sleuth in order to keep track of taxpayer dollars and maintain transparency. Awesome.

It would create transparency. It would set true market values for the assets. It would allow government money to be replaced with investor money as shares of the ETF were purchased on the open market. It would allow for an orderly liquidation as shares of the ETF could be traded for the hard assets.